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Property profile & analytics
OFF-MARKET
Warehouses

1590 Coutant Ave Lakewood, OH 44107-5235

2,206 SF 0.16 ac lot Built 1903
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US66-1818987
Property summary
AI-generated overview

This exceptional 5,500 square foot storefront property, located at 1590 Coutant Avenue in Lakewood, Ohio, presents a unique investment opportunity. Zoned for both retail and office use, this versatile space offers significant potential for a variety of businesses. The property boasts a heated warehouse area, adding considerable value and functionality. Its strategic location within the vibrant business corridor near Madison Avenue and 117th Street ensures high visibility and accessibility. The property benefits from its proximity to numerous established local businesses, creating a thriving commercial environment. Easy access to I-90 Highway provides convenient transportation links for both employees and customers. The asking price for this prime Lakewood storefront is $295,000. This property is situated in Cuyahoga County, Ohio, with a zip code of 44107. The geographic coordinates are 41.4784154 latitude and -81.7704814 longitude. This is an excellent opportunity to acquire a well-positioned commercial property in a high-demand area. The combination of retail and office space, along with the added benefit of a heated warehouse, makes this a truly versatile and attractive investment.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1903
Construction TYPE NOT SPECIFIED
Total area 2,206 SF
Lot 0.16 ac (6,880 SF)
Zoning code R2
APN 315-15-085
UPID US66-1818987
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Prospect Property Group LLC · 1 yrs held
Prospect Property Group LLC
since 2025
Last sale
$240,000
2 recorded transactions
2025
$240,000
1969
Price N/A
Zoning & alternative use
R2 · Lakewood, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The intent of this zone to promote Single and Two family residential uses

Zone name Single And Two Family
General category RESIDENTIAL
Zone area 1,279.57 ac
Source Realmo
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